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The board of Directors

The Board of Directors is responsible for setting the company's strategy and overseeing its implementation. Its primary responsibilities include approving the financial statements, appointing the chairman and drafting the agenda of the Annual Shareholders Meeting.

 

THE BOARD OF DIRECTORS

Veolia Environnement's Board of Directors consists thirteen Directors, including seven independent Directors out of a total of ten Directors (excluding the two Directors representing employees and the Director representing employee shareholders), i.e. 70%, and six women, i.e. 60%1 and one non voting member (censeur):

Antoine Frérot (63)

Principal positions held within the company:
Chairman of the Board of Directors of Veolia Environnement ;
Member of the Veolia Environnement Board of Directors (Initial  appointment: May 7, 2010 -  Renewal: June 15, 2022 - Expiration of term: 2026 AGM).
 
Background
Born on June 3, 1958 in Fontainebleau (France), Antoine Frérot is a graduate of the École Polytechnique (class of 1977), engineer at the Ponts et Chaussées corps and holds a doctorate from the École Nationale des Ponts et Chaussées.

He started his career in 1981 as a research engineer at the Central Research Office for French Overseas Departments and Territories. In 1983, he joined the Center for Study and Research of the École Nationale des Ponts et Chaussées as a project manager and then served as assistant director from 1984 to 1988. From 1988 to 1990, he was Head of Financial Transactions at Crédit National. In 1990, Antoine Frérot joined Compagnie Générale des Eaux as a project manager and, in 1995, became Chief Executive Officer of CGEA Transport. In 2000, he was appointed Chief Executive Officer of CONNEX, the Transport Division of Vivendi Environnement, and a member of the Executive Committee of Vivendi Environnement. In January 2003, he was appointed Chief Executive Officer of Veolia Eau, the Water Division of Veolia Environnement, and Senior Executive Vice-President of Veolia Environnement. In November 2009, he was appointed Chief Executive Officer, and in December 2010, Chairman and Chief Executive Officer of Veolia Environnement.

Louis Schweitzer (79)

Principal positions held within the company:

Vice-Chairman of the Board of Directors ;
Member of the Board of Directors of Veolia Environnement (Initial appointment: April 30, 2003 - Renewal: April 18, 2019 - Expiration of term: 2023 AGM); 
Chairman of the Nominations Committee and member of the Compensation Committee since March 11, 2014.
 
Principal position held outside the company:
Chairman of the Fondation Droit Animal Éthique et Sciences.
 
Background
Louis Schweitzer is a graduate of the Institut d’Études Politiques (IEP) in Paris. A graduate of the École nationale d’administration (ENA) and Inspector of Finance, he was chief of staff for Laurent Fabius (who was successively junior Budget Minister, Minister for Industry and Research and Prime Minister) from 1981 to 1986. In 1986, he joined Renault’s senior management team and then successively held the positions of Head of Planning and Management Control, Chief Financial and Planning Officer and Deputy Chief Executive Officer. He was appointed Chief Executive Officer of Renault in December 1990, then Chairman and Chief Executive Officer in May 1992 until May 2005, when he was appointed Chairman of the Board of Directors of Renault. Mr. Schweitzer did not seek to renew his term of office as a Director of Renault at the May 6, 2009 Annual General Meeting. After being appointed Vice-Chairman of the Veolia Environnement Board of Directors on November 27, 2009, he was Senior Independent Director of the Company from May 16, 2012 to November 30, 2017 and was again appointed Vice-Chairman on May 14, 2013. He served as Commissioner General for Investment from April 23, 2014 to January 8, 2018. In addition, he has been the special representative of the Minister for Europe and Foreign Affairs for France-Japan relations since 2013.

Maryse Aulagnon (72)

Principal position held within the company:
Senior Independent Director since December 1st, 2017;
Independent member of the Board of Directors of Veolia Environnement (Initial appointment:  May 16, 2012 - Renewal: April 18, 2019 -  Expiration of term: 2023 AGM);
Member of the Nomination Committee since March 25, 2014; 
Chairman of the Compensation committee since December 1st, 2017 and member since April 20,2017.
 
Principal position held outside the company:
Chairman and CEO of MAB Finances (Finestate).
 
Background
Maryse Aulagnon
was the Founder and Chairman of Affine group, consisting of two property companies listed in Paris and Brussels specializing in commercial real estate. She currently manages MAB-Finances (Finestate), an investment company dedicated to investment in managed residential property (coliving). She holds a Master’s degree in economics and is a graduate of the Institut d’Études Politiques (IEP) and of the École nationale d’administration (ENA). She is an honorary Maître des Requêtes of the Conseil d’État (1975 to 1979). After holding various positions at the French Embassy in the United States (1979-1981) and on the staff of several French ministers (Budget and Industry), she joined the Compagnie Générale d’Électricité group (now Alcatel) in 1984 as Director of International Affairs. She then joined Euris as Deputy Chief Executive Officer when it was created in 1987. She founded the Affine group in 1990. She was a director of Air-France KLM* (Chairman of the Audit Committee) from July 2010 to May 2021 and has been Chairman of the Fédération des Sociétés immobilières et foncières (FSIF) since April 2019. Finally, she is active in a number of professional associations (including Fondation Palladio, founding member of Cercle 30, etc.), as well as cultural and university organizations (including Fondation des Sciences-Po, Le Siècle, etc.).

Estelle Brachlianoff (49)

Principal position held within the company:
Chief Operating Officer of Veolia Environnement ; 
Member of the Veolia Environnement Board of Directors (Initial  appointment: June 15, 2022 - Expiration of term: 2026 AGM)

Background
Born on July 26, 1972, Estelle Brachlianoff is a graduate of the École Polytechnique and the Ponts et Chaussées engineering school. She joined the Val-d’Oise infrastructure department of the Paris metropolitan area in 1998 as head of the major infrastructure department. In 2002, she became advisor to the Prefect of the Ile-de-France region, in charge of transportation and development. She joined Veolia Environmental Services in 2005 as special advisor to the CEO. She became CEO of Veolia Environmental Services Cleaning and Multiservices in 2008 and of Veolia Environmental Services Ile-de-France in 2010. In 2012, she became CEO of Veolia Environmental Services in the UK. She was also a member of the President’s Committee of the Confederation of British Industry (CBI) from 2013 to 2018 and was President of the French Chamber of Britain from June 2016 to July 2018. A member of Veolia’s executive committee since 2013 and director of the UK and Ireland zone from 2013 to 2018, Estelle Brachlianoff has been Veolia’s deputy CEO since September 1, 2018. Since 2019, Estelle Brachlianoff has been a member of the Supervisory Board of Hermès International and a member of its Audit and Risk Committee and its CAG-CSR Committee.

Pierre-André de Chalendar (63)

Principal position held within the company:
Independent member of the Board of Directors of Veolia Environnement (Initial appointment:  April 22, 2021 -  Expiration of term:  2024 AGM);
Member of the Nominations Committee.
 
Principal position held outside the company: 
Chairman of Compagnie de Saint-Gobain.

Background
Pierre-André de Chalendar is a graduate of ESSEC Business School and École Nationale d’Administration. A former civil servant (Inspecteur des Finances), he served as deputy to the Director General for Energy and Raw Materials within the French Ministry of Industry. Mr. Pierre-André de Chalendar joined Compagnie de Saint-Gobain in 1989 as Vice-President, Corporate Planning. He was subsequently Vice-President of Abrasifs Europe (1992-1996) and President of the Abrasifs division (1996- 2000), before being appointed Senior Vice-President of Compagnie de Saint-Gobain in charge of the Building Distribution Sector in 2003. Appointed Chief Operating Officer of Compagnie de Saint-Gobain in May 2005 and elected to the Board in June 2006, he was appointed Chief Executive Officer in June 2007 and Chairman and Chief Executive Officer in June 2010. He was appointed Non-Executive Chairman from July 1, 2021. Mr. Pierre-André de Chalendar is also a director of BNP Paribas. He is Vice-President of Entreprises pour l’Environnement, which he chaired from 2012 to 2015 and has been Joint Chairman of La Fabrique de l’Industrie since July 2017 and Chairman of ESSEC Business School’s Supervisory Board since February 2019.

Isabelle Courville (59)

Principal position held within the Company:
Independent member of the Board of Directors of Veolia Environnement (Initial appointment: April 21, 2016 - Renewal:  April  22, 2020 - Expiration of term: 2024 AGM);
Chairman of the Research, Innovation and Sustainable Development Committee since April 22nd, 2021;
Member of the Accounts and Audit Committee since December 1st, 2017;
Member of the Nominations Committee since November 6, 2018.

Principal position held outside the Company:
Chairman of the Board of Directors of Canadian Pacific Railway (Canada).

Background:
Isabelle Courville
graduated in engineering physics from École Polytechnique Montréal and in civil law from McGill University. She was active for 20 years in the Canadian telecommunications industry. She served as President of Bell Canada’s Enterprise group and as President and Chief Executive Officer of Bell Nordiq. From 2006 to 2013, she joined Hydro-Québec where she served as President of Hydro-Québec TransEnergie and then President of Hydro-Québec Distribution. She was Chairman of the Laurentian Bank of Canada from 2013 to April 9, 2019 and was then appointed Chairman of the Board of Directors of Canadian Pacific Railway*. She also sits on the Board of Directors of SNC Lavalin* and is a member of the Board of Directors of the Institute for Governance of Private and Public Organizations.

Clara Gaymard (62)

Principal position held within the company:
Independent member of the Board of Directors of Veolia Environnement (Initial appointment:  April 22, 2015 - Renewal: April 18, 2019 - Expiration of term: 2023 AGM);
Member of the Research, Innovation and Sustainable Development Committee, since April 20, 2017. 

Principal position held outside the company:
Co-founder of RAISE. 

Background
Clara Gaymard
is a graduate of the Institut d’Études Politiques (IEP) in Paris and of the École nationale d’administration (ENA). She held several senior civil service positions between 1982 and 2006. Before entering ENA, Clara Gaymard started her career at Paris City Hall in the mayor’s office between 1982 and 1984. On leaving ENA, she joined the French Court of Accounts as an auditor and was promoted to Senior Audit Commissioner in 1990. She was then Deputy head of Economic Expansion Services in Cairo (1991-1993), followed by head of the European Union office (Europe North-South Department) in the External Economic Relations Department (DREE) of the French Economy and Finance Ministry. In June 1995, she was asked by Colette Codaccioni, the Minister of Solidarity, to become her chief of staff. Clara Gaymard was then Deputy Director of SME Support and Regional Action in the DREE (1996-1999) followed by head of the SME mission (1999-2003). In 2003, she was appointed Ambassador-at-large for international investment and President of the Invest in France Agency (AFII). In 2006, Clara Gaymard joined General Electric (GE) as Chairman of GE in France and then of the North-West Europe region from 2008 to 2010. While remaining Chairman and Chief Executive Officer of GE France, she was appointed Vice-Chairman of GE International for Government Sales and Strategy in 2009 and then in 2010, Vice-Chairman for Governments and Cities under the Chairmanship of Jeffrey R. Immelt. Since 2013, she has participated in the acquisition of Alstom’s energy business and played a major role in its completion. On February 1, 2016, she joined RAISE, as a co-founding partner with Gonzague de Blignières.

Marion Guillou (67)

Principal position held within the company:
Independent member of the Board of Directors of Veolia Environnement (Initial appointment:  December 12, 2012 - Renewal:  April  22, 2021 - Expiration of term: 2025 AGM);
Member of the Research, Innovation and Sustainable Development Committee since December 12, 2012;
Member of the Compensation Committee since November 5, 2014. 

Principal position held outside the company:
Independent Director.
 
Background
Marion Guillou is a graduate of the École Polytechnique (class of 1973), holds a Ph.D. in Food Sciences, and is a General Engineer in bridges, water and forestry engineering, and a member of the Academy of Technology. She headed the Ministry of Agriculture food safety directorate from 1996 to 2000. She led the National Institute of Agronomic Research (INRA) for four years (2000-2004) before being appointed as its Chairman and Chief Executive Officer (2004-2012), where she helped guide research on agriculture, food, the environment and international openness (2004-2012). She also chaired the French National Consortium for agriculture, food, animal health and the environment (2010-2015) and Agreenium, the French Institute of Agronomics, Veterinary Science and Forestry (2015-2020). Finally, she was a Special State Advisor from June 2017 to 2020.

Franck Le Roux (57)

Principal position held within the company:
Director representing employees of Veolia Environnement (Initial appointment:  October 15, 2018 - Expiration of term: October 15, 2022);
Member of the Accounts and Audit Committee since November 6, 2018;
Member of the Compensation Committee since November 6, 2018.
Social Protection Officer.

Background
Franck Le Roux
joined the Compagnie Générale des EauxVE as a drinking water network technician on August 31, 1983 for the Syndicat des Eaux d’Île-de-France (SEDIF) contract. He passed the inspector’s examination in June 1986. In 1984, he joined the Confédération Générale du Travail (CGT) and his first term as staff delegate was in 1985. Elected to the Executive Board of the public services CGT Federation and leader of the federal water collective section, he acted as negotiator on the collective agreement for water and sanitation between 1997 and 2009. He has been the central union delegate for the Compagnie Générale des Eaux and then the Veolia Eau economic entity since 1999. He has also been the Veolia Group CGT union representative since its creation (Vivendi Environnement) and negotiated the first agreement with the Group in 2002. He currently works as Social Protection Officer within the Veolia Eau-Compagnie Générale des EauxVE Human Resources Department.

Agata Mazurek-Bąk (45)

Principal position held within the company:
Director of Human Resources of the CEE Zone and Veolia Polska ;
Director representing employee shareholders (Initial appointment:  June 15, 2022 - Expiration of term: 2026 AGM).

Background
Agata Mazurek-Bąk
has a strong background in finance (she holds a Master’s degree in economics and has 5 years experience in audit and consulting, including certification of accounts according to Polish and international accounting standards). She joined the Group in 2005 to set up controlling structures and implement a Shared Services Center for Poland, which she managed for nearly a decade as a General Director. Over the next years, she held various managerial positions in the Group in the area of finance, purchasing or strategic projects in operations. Since 2019 she has been responsible for Human Resources. She has a Green Belt Lean Six Sigma certificate and supervises CSR activity in Poland run by Veolia Foundation. She speaks Polish, English and French.

Pavel Páša (57)

Principal position held within the company:
Director representing employees of Veolia Environnement (Initial appointment:  October 15, 2014 - Renewal: October 15, 2018 - Expiration of term: October 15, 2022);
Member of the Research, Innovation and Sustainable Development Committee since November 5, 2014. 

Background
Pavel Páša has been a Veolia employee since 1995. He is the health and safety expert for the Czech company, Veolia Česka Republika a.sVE, a specialist in wastewater treatment.

Nathalie Rachou (64)

Principal position held within the company:
Independent member of the Board of Directors of Veolia Environnement (Initial appointment:  May 16, 2012 - Renewal: April 22, 2020 -  Expiration of term: 2024 AGM);
Chairman of the Accounts and Audit Committee since December 1st, 2017 and member since December 12, 2012.
 
Principal position held outside the company:
Member of the Board of Directors and of the Risk Committee of UBS Group AG.
 
Background
Nathalie Rachou
graduated from the École des Hautes Études Commerciales (HEC) in 1978 and spent the first part of her career at Banque Indosuez (now Crédit Agricole). After working as a foreign exchange dealer for clients in London and Paris from 1978 to 1982, she was head of Asset and Liability Management and Market Risk Management until 1986, and then set up the bank’s business on MATIF and the bank’s derivatives broking subsidiary. From 1991 to 1996, she was General Counsel for Banque Indosuez, then served from 1996 to 1999 as head of Global Foreign Exchange and Currency Options worldwide. In November 1999, she founded Topiary Finance, a United Kingdom based asset management company, which she led until 2015. She was also, up to 2020, a director of Société Générale from 2008 (Chairman of the Risks Committee and member of the Nominations Committee) and of Altran Technologies from 2012 (Chairman of the Audit Committee and member of the Nominations and Compensation Committee) and Senior Advisor of Rouvier Associés from 2015. She is currently a non-executive director of UBS Group AG.

Guillaume Texier (48)

Principal position held within the company:
Independent member of the Board of Directors of Veolia Environnement (Initial appointment: April 21, 2016 - Renewal: April 22, 2020 - Expiration of term: 2024 AGM);
Member of the Research, Innovation and Sustainable Development Committee since April 20, 2017;
Member of the Accounts and Audit Committee since April 18, 2019.

Principal position held outside the company: 
Chief Executive Officer and Director of Rexel.

Biography 
Guillaume Texier is a graduate of École Polytechnique and Corps des Mines. He started his career with the French civil service, notably as an Advisor to the Minister of the Environment and the Minister for Industry. He joined the Saint-Gobain group in 2005 as Vice-President of Corporate Planning in Paris and was successively appointed General Manager of gypsum activities in Canada, Vice-President of the roofing materials activity in the US and Vice-President of the ceramic materials activity worldwide. He was Chief Financial Officer of Compagnie de SaintGobain from 2016 to 2018. From January 1, 2019 to September 2021, he was Senior Vice-President, CEO of the France, Southern Europe, Middle East and Africa Region at Saint-Gobain. He is Chief Executive Officer of Rexel since September 1, 2021.

M. Enric Amiguet y Rovira

Non voting member (censeur) (Initial appointment:  June 15, 2022).

1 Excluding Directors representing employees, in accordance with Articles L. 225-27-1 and L. 22-10-7 of the French Commercial Code.

THE ROLE OF THE BOARD OF DIRECTORS

Under its chairman, Antoine Frérot, the Board of Directors is responsible for setting Veolia Environnement's strategy and overseeing its implementation. In compliance with the company's articles of association, key decisions are submitted for its approval.
The management of the Board of Directors is explained in the Universal Registration Document of the company.

 

SPECIALIZED COMMITTEES ASSIST THE BOARD OF DIRECTORS

The Board of Directors has created specialized committees, which are detailed in the Registration Document of the company.

 

Four committees include the following directors:


Accounts and audit committee

  • Nathalie Rachou* (Chairman)
  • Isabelle Courville*
  • Franck Le Roux
  • Guillaume Texier*

*Independent directors

 

Nominations committee

  • Louis Schweitzer (Chairman)
  • ​Maryse Aulagnon*
  • Pierre-André de Chalendar*
  •  Mr. Antoine Frérot
  • Isabelle Courville*

*Independent directors

 

Compensation committee

  • Maryse Aulagnon* (Chairman)
  • ​​Marion Guillou*
  • Franck Le Roux
  • Louis Schweitzer

*Independent directors

 

Research, Innovation and Sustainable Development Committee

  • Isabelle Courville * (Chairman)
  • Clara Gaymard*
  • Marion Guillou*
  • ​Pavel Páša
  • Guillaume Texier*

*Independent directors

 

Purpose Committee

An ad hoc committee dedicated to the “Purpose of the Company” was created in 2021.

  • Mr. Louis Schweitzer (Chairman)
  • Mrs. Maryse Aulagnon *
  • Mr. Pierre-André de Chalendar *
  • Mrs. Isabelle Courville *
  • Mr. Antoine Frérot
  • Mr. Franck Le Roux
  • Mrs. Nathalie Rachou *

*Independent directors

the Purpose Committee meets when convened by its Chairman or at the request of the Chairman of the Board of Directors. It is required to hold at least two formal meetings per year.

The role of this Committee is to place the Board in the best possible conditions to assess the dissemination of Veolia’s Purpose to all its stakeholders – employees, customers, suppliers, shareholders, partners and regions where the Group operates – so that they know what it means and can contribute to its practical application.